The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-10-10

likes to have the water In which he
swims ss clear as possible, and he
never makes any commotion. The
tench, or echleie, hss not been very
extensively introduced d into. this coun
try ss yet, but II anyone wants to try
them he can be supplied"
S78,S50 BONDS PURCHASED.
The amount Of bonds offered to the
government Saturday was $273.700, OF
which $262, 800 were Al per cents. and
$ll, 400 4 per cents. This makes the
total to date SlS,378,S $50, which 10
1928, 100 less than the amount which
the treasury department offered to
purchase for the sinking fund within
the time which eIpiredtodsy. Sscre-
tsry Fairchild was asked thie after.
noon whether he would purchase any
more bonds, but declined most TN
phsticslly 10 define hir policy on The
subj II IL not regarded As likely,
however, that any radical action will
be taken unless some unlocked Tor
change In the money market should
deman II. The time lor ths purchase
OF bonds for the sinking fund will not
be extended, II is explained at the
department that while the Secretary
n red TO buy $4,000, 900 bonds for
this fund, II Ia yet an unsettled quts.
tiol whether that entire sum is need.
90, and whether the amount already
obtained will not meet the full re.
quirements OF the law. Applications
Tor prepayment Of interest were 70.
ceivsd today on bonds amounting to
Sls5, 900, mskirg the total to date
500. 457 ,260.
RrrJRr OF CONSUL GENERAL BosuAM.
The report OF Consul General Bon
ham Mt Calcutta, British India, treats
at length OF the wheat Interests OF
that country during the fiscal year
ended March 81, 1885 The area de
voted to wheat was about 27,600, 900
acres, and the total yield 2S9, 900, 900
bushels. As compared with the
wheat Of the Pacific coast the Indian
wheat 10 inferior, but whom exported
to Europe II 10 mixed and ground
with wheat oil O superior quality, by
which process fair marketable grade
Of -four Is obtained. The method OF
cultlvalinL the soil Is In the main the
tams ss centuries ago, and there
seems TO bs great difli yulty In Undue.
iDg the iarmer 10 invest In modern
agricultural | Implements; and yet, with
all the simple aud primitive metbodp,
the Indian farmers can, in the spinion
Of tue consul general, successfully
compete with those Of the United
8 ates In the production oi wheat.
This is due to the fact that the Iudian
farmers outfit represents q capital oi
not more than $40 or $50, and his
hired help works, feeds and clothes
himself on about $3.50 q month. A
table Ia annexed showing that the ex.
port Of wheat from British India hrs
Increased from 800, 900 cwi. In 1858 to
2l ,OO0, COO cwt. In 1885. and that the
increase OF 1885 over 1885 amounts 10
10000 cwt The consul general
says that some Of his predecessors
have claimed that the United States
has nothing 10 fear from India 90 q
competitor In The production OF wheat.
In this view he does not concur, and
believes that today Iudia 10 second
only % tho United States In wheat
growing. Furthermore, wheat grow.
Ing In India 10 yet In its infancy, aud
its further development dependo
prinoi pally upon the means of trans
portation 10 the BesboaTd. He ieAte
that, with tbs cheap native labor OF
India and the constantly growing Ia
cihues for transportation, the UAitsd
S aies will fad her formidable com.
pa,ilor AsA producer Of the stafi OF
life.
rfDHLfTy BANK AFFAIR.